Foodfinder Inc

Analysis

Foodfinder Inc is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Foodfinder Inc reported income of $464k and spending of $424k, spending 91% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $319k to $464k (+45%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foodfinder Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include National Association of Blind Merchants ($464k), Blackhawk Learning Connection ($464k) and Projects for Humanity ($464k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $132k (31% of expenses). Other salaries and wages came to $111k. At year end it held assets of $249k against liabilities of $15k, net assets of $234k. It reported 5 employees.